date:Feb 11, 2019
ons based on Annatto pigments of US$100m. Demand for organic colors are on the rise and the expectations are that it will have around 10 percent market share globally. The main applications for annatto color are: baked goods and cereals, ready meals, dairy, savory snacks, ice cream and more.
During 2018, and in the most important supplier business deal of the year, IFF agreed to acquire Israeli flavors and ingredients company Frutarom in a deal valued at approximately US$7.1 billion. By combini